50+ Section 125 Plans Background

50+ Section 125 Plans Background. You must follow the section 125 guidelines when adding benefits to your cafeteria plan. Employees enrolled in section 125 plans have their employer reserve part of.

Section 125 Cafeteria Plan: Flexible Spending Account
Section 125 Cafeteria Plan: Flexible Spending Account from www.payrollvault.com

What is a section 125 plan? You must follow the section 125 guidelines when adding benefits to your cafeteria plan. Section 125 is officially an irs pretax vehicle nicknamed cafeteria.

Section 125 plans are also commonly referred to as cafeteria plans.

The college will pay the administrative fee for any employee using the section 125 (flexible spending accounts). Section 125 is officially an irs pretax vehicle nicknamed cafeteria. Its name comes from the earliest such plans that allowed employees to choose between different types of benefits. The college will pay the administrative fee for any employee using the section 125 (flexible spending accounts).

Leave a Reply